Let me start by answering that question...if an annuity fits your investment objectives than there is no reason that an annuity should not go in your IRA. Okay all you smarty pants out there who keep arguing that it is tax deferred and it does not belong in your IRA...SO WHAT??? The fact that it is tax deferred is only one reason why people buy annuities.
Now, let me elaborate on my thoughts here. If you are buying an annuity strictly for tax purposes, then it is obvious that an annuity should not go into your IRA. However, there are many great benefits that an annuity can provide for an IRA. For example, fixed annuitiesare provide a safe way to get a return higher than a CD. So if you would put a CD in an IRA, why not a fixed annuity? So you'll already have the advantage of tax deferral but now you get the luxury of higher rates and a safe return. Furthermore, it is one additional way to diversify a portfolio.
With a variable annuity (although I am not a fan of) you get a guaranteed death benefit. So no matter whether your annuity goes up or down, the death benefit can never go lower than the original amount invested (less any withdrawals). So there is an advantage that no stock or mutual fund can provide for you. So why wouldn't you use it?
The bottom line is that annuities are another type of investment vehicle. Although many professionals argue that they should not be used in an IRA, I believe that they have not fully though about the benefits of an annuity. There are many benefits an annuity can offer and if these benefits match your needs, than I can truly say, it may be appropriate.
However, before you invest in an annuity, or anything for that matter, it makes sense to know what's right for your particular situation. Furthermore, it is good to know how annuities really work and which one is right for you. For this type of information, check out "Annuities: The Shocking Truths Revealed," which can be found at http://www.AnnuityMD.com. This book is very informative and tells you what to look out for, which annuity is right for you, questions to ask your agent, and much more.
So for those of you who say an annuity is not right for an IRA, I'm sorry but you are wrong. The answer is it depends. It depends on the client's situation and what the client is looking for. If it can be found in annuities, then go for it...
Ignorance is not bliss...
Tony Bahu is the author of the controversial document, 'Annuities: The Shocking Truths Revealed', which reveals the secrets that the banks and insurance companies don't want you to know.
For more information on his document, visit the site below right now!
![]() Google News Updated : Fri, 05 Sep 2008 08:05:30 GMT Jesse Jackson hospitalized for stomach pains - Chicago Tribune
Chicago Tribune - By Jeremy Gorner | Chicago Tribune reporter Rev. Jesse Jackson was being treated Thursday in Northwestern Memorial Hospital in Chicago after falling ill. Video: Rev. Jesse Jackson Hospitalized Jesse Jackson hospitalized after stomach pains Publ.Date : Fri, 05 Sep 2008 07:00:48 GMT Arthritis Drugs Linked to Risks From Infection - New York Times
New York Times - By AP WASHINGTON (AP) - The Food and Drug Administration ordered stronger warnings Thursday on four medications widely used to treat rheumatoid arthritis and other serious illnesses, saying they can raise the risk of possibly fatal fungal infections. Deaths Heighten Arthritis Drugs Warning Nation Digest 4 arthritis drugs get tougher warnings Publ.Date : Fri, 05 Sep 2008 01:38:34 GMT Tropical Storm Hanna aiming for Massachusetts - Boston Globe
Boston Globe - By Andrew Ryan and Martin Finucane, Globe Staff Tropical Storm Hanna is expected to churn up the Atlantic coast and lash Massachusetts this weekend with winds gusting up to 50 mph near the coast and up to four inches of rain. Video: Hanna Nears US, but Stronger Ike Looms Area departments gearing up for Hanna's arrival Publ.Date : Fri, 05 Sep 2008 04:23:14 GMT Stocks: A Terrible Thursday - BusinessWeek
BusinessWeek - Major US indexes each tumbled nearly 3% as worries intensified over the health of the economy. All eyes are on Friday's jobs report Market players were probably wondering Thursday why they bothered to come back from their summer vacations. Stocks Are Broadly Lower Tracking Falls on Wall Street Stocks slide on economic worries Publ.Date : Fri, 05 Sep 2008 05:53:27 GMT Kilpatrick's rise and fall - Detroit Free Press
Detroit Free Press - BY BILL McGRAW • FREE PRESS STAFF WRITER • September 5, 2008 Kwame Kilpatrick entered the mayor's office with extraordinary gifts -- charisma, savvy, flair, pedigree, connections, ambition and chutzpah -- everything a 31-year-old needed to make a ... Video: A Timeline of Detroit Mayor's Text Scandal Detroit’s Mayor Will Leave Office and Go to Jail Publ.Date : Fri, 05 Sep 2008 07:27:50 GMT House committee widens probe of Vytorin safety - International Herald Tribune
International Herald Tribune - AP TRENTON, NJ: A House committee investigating the safety and effectiveness of the popular cholesterol drug Vytorin and one of its components is turning up the heat on the drug's makers. Many Questions About Vytorin Drug Scare Shenanigans Publ.Date : Fri, 05 Sep 2008 00:32:18 GMT UN warns of Haiti flooding crisis - BBC News
BBC News - Several hundred thousand people need help in Haiti, which is suffering severe flooding after being hit by a series of tropical storms, the UN says. Attempts to Aid Desperate Haitians Hindered by Floodwaters Storms line up to slam western Atlantic, southeastern US Publ.Date : Fri, 05 Sep 2008 07:05:26 GMT Increase Search Engine Traffic |
PARLOT::Ebooks, Scripts,
Websites, and more... I am good at a few things. I can certainly... Read More Think carefully on how to invest your money because if... Read More "You can be poor when you're young, but you can't... Read More If you are looking for a safe investment and you... Read More If you are interested in stock investing and the stock... Read More The USS Constitution first ventured into the waters in 1798.... Read More Yes, it's the time we've all been waiting for?tax season!... Read More If you've ever listened to Warren Buffett talk about investing,... Read More It always amazes me how much stock market investors resemble... Read More Asset allocation is a critical component of investing success. Both... Read More You are 55 years old (or somewhere around there) and... Read More Unfortunately, many investors who are seduced by the lure of... Read More Are you as good an investor as you think? Do... Read More Strong credit saves real estate investors money on mortgage finance... Read More Penny stocks and options are high volatility investments that attract... Read More Financial Spread Betting (or Trading) offers a tax free method... Read More Can you concisely summarize your investment philosophy in a few... Read More Tropical Storm Arlene formed as a tropical depression on June... Read More Investing and Trading are not the same thing. The returns... Read More If you're like many Americans over the age of 55,... Read More Its only been about 5 years since we had major... Read More One of the most common mistakes made by inexperienced investors... Read More First, I need to explain about e-currencies or digital currencies.... Read More Computerized investing. Online investing. Have you taken the next step... Read More Have you considered buying a franchise instead of trying to... Read More
Adsense
websites
Are You An Investment Dummy Like Me?
How to Invest Your Money
Five Sure Fire Way to Secure Your Financial Future
Looking For a Safe Investment? Try a Certificate of Deposit
Bearish or Bullish?
Your Portfolio and ?Old Ironsides?
Now is the Time to Invest for Your Retirement!
Porters Five Forces Analysis
Investing: Do You Want To Make Money, Or Would You Rather Fool Around?
Asset Allocation: Critical to Your Investment Success
When Its Too Late to Save for Retirement
When NOT to Invest
The 8 Biggest Mistakes When Designing Portfolios - and How To Avoid Them
Credit Scores = ROI Profits for Real Estate Investors
High Volatility Investments
The Basics of Tax-Free UK Financial Spread Betting
Wit and Wisdom on Money, Wall Street and Success - Part #4
July 2005: Hurricane Forecasts for Weather Traders
The Difference Between Investing and Trading
How to Calculate the Value of Your U.S. Savings Bonds
Remembering TEOTWAWKI and Learning from It
Dont Catch a Falling Knife
DXPortfolio: A Great Passive Investment of 25% to $40% per month
Investing Online Has Its Rewards: Find Out How To Take Advantage Of Them
Franchise Investing, Franchise Opportunities and Franchising Renewals
Yes, it's the time we've all been waiting for?tax season!... Read More
The syntax is tortured, the grammar mutilated, but the message... Read More
Let me tell you about some legal ways to avoid... Read More
To create momentum in your options trading you need to... Read More
Can you concisely summarize your investment philosophy in a few... Read More
Options are good investing and speculative instruments. But options terminology... Read More
Have you often wished you could have got in on... Read More
This article attempts to help give the investor a broader... Read More
There maybe several reasons why you to want to invest... Read More
Have you had one of those huge investment winners ?... Read More
For those who have never given their financial future a... Read More
"There is nothing more frightful than ignorance in action!" Johann... Read More
Where is the second biggest deposit of oil reserves in... Read More
What is the value of a good habit? Think of... Read More
It is important to answer the following questions before you... Read More
Setting Up a Paper Trading AccountQuestion: I cannot trade with... Read More
For investors only... and for speculators who need to invest... Read More
One of the leading traders on Chicago Mercantile Exchange, because... Read More
An option is a derivative trading product that is best... Read More
You have rowed a boat at some time haven't you?... Read More
Despite what some people may lead you to believe; day... Read More
Remember the old saying, "never too late to start"? Well,... Read More
Have you ever noticed how some words in the English... Read More
The Federal Reserve recently raised its target federal funds rate... Read More
Let's face it, you're on a roll. After getting down... Read More
Investing |